This is the most delicate little fungus, trametes versicolor. It's so light and thin just like paper and beautifully layered. They seem to come in many different colours and are common here and in the UK too. Mine was not particularly spectacular but pretty and quite a challenge to draw in the dreaded coloured pencils, but I persevere. This came from the lovely woods at Bulow Plantation where we went just over a week ago. I also found a piece of bark with the most beautiful green lichen which I will tackle another day, its terribly complicated and I dont feel quite up to it yet.
No explanation necessary for the name of course. Here in the USA it is definitely safer to be a wild turkey fungus than just a regular wild turkey that's for sure.
Turkey Tail Fungus